Description

BSE announces listing and admission for trading of further securities issued by 9 companies under their ESOP/ESOS schemes, effective November 4, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by 9 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These new shares will be available for trading starting Tuesday, November 4, 2025. None of the listed securities are under lock-in period.

Key Points

  • 9 companies issuing further securities under ESOP/ESOS schemes
  • Total of 949,462 shares being listed across all companies
  • Effective trading date: November 4, 2025
  • No lock-in period applicable for any of the listed securities
  • Companies span financial services, chemicals, technology, and asset management sectors

Companies and Details

CompanyScrip CodeSharesFace ValueISIN
360 ONE WAM LIMITED542772209,895₹1INE466L01038
AFFLE 3I LIMITED54275222,000₹2INE00WC01027
CreditAccess Grameen Ltd.54177011,250₹10INE741K01010
Fedbank Financial Services Limited544027348,312₹10INE007N01010
HDFC Asset Management Company Limited541729142,964₹5INE127D01025
Himadri Speciality Chemical Ltd.50018412,451₹1INE019C01026
ICICI Bank Ltd.532174167,440₹2INE090A01021
NIIT Learning Systems Limited54395221,000₹2INE342G01023
SRG Housing Finance Limited53468014,150₹10INE559N01010

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for securities issued under existing ESOP/ESOS frameworks.

Compliance Requirements

  • Trading members are informed of the new listings
  • No specific compliance actions required from market participants
  • Companies have fulfilled listing requirements for ESOP/ESOS issued shares

Important Dates

  • Notice Date: November 3, 2025
  • Trading Commencement Date: November 4, 2025
  • Lock-in Period: Not applicable (NA) for all securities

Impact Assessment

Market Impact: Minimal. The issuance represents routine employee compensation through stock options with no immediate liquidity constraints as there are no lock-in periods.

Dilution Impact: Low to negligible. The share counts are relatively small compared to the typical outstanding equity of these companies, particularly for large-cap stocks like ICICI Bank (167,440 shares) and HDFC AMC (142,964 shares).

Liquidity Impact: Neutral. All shares are immediately tradable with no lock-in restrictions, allowing natural market absorption.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period. Minor dilution across 9 companies with relatively small share counts compared to typical equity base. No immediate trading impact expected.